Maiar DEX Transforms Into xExchange. Economics, Utility, and Mechanics of MEX 2.0

Today, we present the Maiar DEX upgrade & transformation to xExchange.

Months of endless efforts. From many people and teams. All leading to this point.

So now, here’s the economics, utility, & mechanics of MEX 2.0:

https://elrond.com/blog/maiardex-transforms-into-xexchange-mex-20-economics/

RT: https://twitter.com/beniaminmincu/status/1593275615708430339

Adding fuel to the MultiversX ignition moment: EGLD is now supported in Atomic Wallet

We’re happy to share with you that EGLD is available in Atomic Wallet, enabling +4M users to store our native token in a non-custodial manner, purchase and conveniently exchange it between more than 100 digital assets.

RT: https://twitter.com/beniaminmincu/status/1593605263449284608

The @ElrondNetwork core applications are unpacking the expansion into MultiversX in immediate steps.

Maiar Exchange is the first to extend its current capabilities, transforming into xExchange & bringing a new utility & value proposition for DeFi native tokens.

Weekly #MultiversXtech 🛠️

https://twitter.com/iulian_pascalau/status/1594360401634156544

Last week in MultiversX 🌏

⚡️ MEX 2.0 paper: new economics, utility & mechanics
🇺🇸 EGLD added to listing roadmap by Coinbase
📺 Beniamin live at DIGI24 national television
💹 Atomic Wallet integration
🛠 Weekly #MultiversXtech
🧵 Aligning the actors of a DEX economy
📅 Join us on Twitter Spaces this Wednesday
🌐 Explorer update: herotags, staking & transactions filtering
🏛 X Day presentations: Robert Sasu, Andrei Marinica, Constantin Tovisi, Lucian Todea, Lucian Mincu, Augustin Dobre & Filipe Castro

🌎 Elrond Network
1,96M accounts • 62,74M transactions • 14,69M staked

📲 Maiar
1,18M users • 125K users stake $EGLD

⚡️Maiar Exchange
$315 Million USD TVL • $3 Million USD 24h volume


📰 Media mentions:

• B2Community • TokenInsight • Tradesilvania • ZF •

RT: https://twitter.com/ElrondNetwork/status/1594603371482288134

Stefan Szakal At X Day - xFabric

The innovation is palpable. Benefits are undeniable. The potential is clear.

What, then, is hindering blockchain technology from being extensively used?

The answer might be all the way back in Stefan Szakal's X Day presentation.

📺 https://youtu.be/0EOYZjH29Oc

https://twitter.com/ElrondNetwork/status/1594691526747164674

MEX 2.0 Twiter Spaces - New Model Explained

Join Beniamin Mincu and Lucian Todea to learn more about what’s next for Maiar Exchange, as we enter the final preparations phase leading up to the xExchange launch.

⏰ Tomorrow at 15:00 PM UTC

Set your reminder 👇

https://twitter.com/ElrondNetwork/status/1595003097965031424

Sergiu Biris At X Day - xPortal

Insane amounts of behind-the-scenes effort have brought Maiar on the verge of becoming a true Multiverse super-app.

Building on top of this unstoppable progress, xPortal will be a bridge between worlds, and the home of your everything avatar.

📺 https://youtu.be/9E85H_DScNA

https://twitter.com/ElrondNetwork/status/1595044821340753922

Happening Now - MEX 2.0 Twitter Spaces  🔥

Beniamin Mincu & Lucian Todea are LIVE on Twitter Spaces.

Join them as they discuss xExchange, MEX 2.0 economics model and the path ahead!

https://twitter.com/i/spaces/1YqxoAnXEjBGv

MEX 2.0 Upgrade - Community’s Most Frequent Questions Answered

MEX 2.0, the long-awaited redesign of the Maiar DEX, has generated a tremendous amount of interest throughout the ecosystem, stirring a high number of insightful conversations and massive community engagement.

Introducing several novel concepts and reimagining the architecture already in place, MEX 2.0 inevitably awakened some hard-thought questions in the minds of the inquisitive masses.

Doubling down on the community’s insightful conversations, we've written up a blog with some of your most frequent questions.

👉 Read the FAQ: https://elrond.com/blog/xexchange-mex-20-faq/

RT: https://twitter.com/luciantodea/status/1595791577888202758

Opening the governance process for one of our core applications marks an important milestone for the MultiversX Ecosystem.

Transparent & decentralized, it will allow long-term Maiar Exchange contributors to signal their intent on the new economics model.

Weekly #multiversxtech 🛠

https://twitter.com/ccorcov/status/1596857936181334017

Last week in MultiversX 🌏

🖋 xExchange & MEX 2.0 outlook from Beniamin
🎙 MEX 2.0 Twitter Spaces
🖥 No-code Web3 creativity via xFabric
📲 Maiar app evolution into xPortal
🛠 Weekly #MultiversXtech
📚 Community’s Most Frequent MEX 2.0 Questions Answered
👨‍💻 Mainnet upgrade: elrond-go v.1.3.50
🙌 Educational materials on the new economics model
🇫🇷 Magnetic X Day event aftermovie

🌎 Elrond Network
1,97M accounts • 63,13M transactions • 14,61M staked

📲 Maiar
1,18M users • 126K users stake $EGLD

⚡️Maiar Exchange
$316 Million USD TVL • $2 Million USD 24h volume

RT: https://twitter.com/ElrondNetwork/status/1597138346207498241

The first Governance Referendum: Transition to xExchange and MEX 2.0. Cast your vote between November 28th and December 5th

Major step forward for the Maiar DEX as the first referendum vote goes live today, giving a voice to all LKMEX holders.

Voting will be open on maiar.exchange/governance starting with November 28, 18:00 UTC until December 5, 18:00 UTC.

The November 16 snapshot is being used to allocate voting power to LKMEX holders.

👉 Read all about the process: https://elrond.com/blog/governance-vote-xexchange-mex20/

RT: https://twitter.com/beniaminmincu/status/1597226804385021952

Your LKMEX. Your voice. Your decision.

Be part of the change. Make your voice heard in the Maiar DEX Governance Referendum.

Voting is now OPEN 🔥

http://maiar.exchange/governance

RT: https://twitter.com/beniaminmincu/status/1597291109767471104

Sebastian Burduja At X Day - Blockchains, Web3, and the Metaverse

There are still many inherited standard creation processes pending to become lost arts due to their lack of efficiency and sustainability.

Blockchain technology takes on the responsibility to upgrade them, a path with many important sides outlined by Sebastian Burduja at X Day.

📺 https://youtu.be/x_X-zqgjHtY

RT: https://twitter.com/ElrondNetwork/status/1597889220634644480

No-Code Workflow Automation For MultiversX Creators Via OneMint. Launch Your NFT Collection In A Drag And Drop Environment

Expanding the same simplicity to the creation process behind more complex NFT collections represents an important growth catalyst for our passionate community of creatives.

This is why we’ve joined forces with OneMint to offer no-code solutions for artists, brands and companies expressing their creativity on our carbon-negative blockchain to generate, mint and manage NFT collections in a drag and drop environment.

The integration with OneMint has already been completed and anyone can experiment with their platform to create their first NFT collection with little to none blockchain & technical knowledge.

Read all about it: https://elrond.com/blog/onemint-multiversx-integration-no-code-nft-collections/

RT: https://twitter.com/beniaminmincu/status/1598003217086156803?s=20&t=3p7E1_qNyy-W8ScA8lpr6w

Victor Baconnet At X Day - Ledger Keynote

Both a software and a hardware solution, Ledger have solidified themselves as a global leading platform for securing digital assets.

Victor Baconnet’s XDay speech offered valuable insights into their products, the MultiversX integration and next steps.

📺 https://youtu.be/_pKzWlr86cQ

https://twitter.com/ElrondNetwork/status/1598240514381213697

Jean-Noël Barrot At X Day - French Positioning Towards Web3 and the Metaverse

Great minds, companies, and regulations make France 🇫🇷 a global hub for the development of both Web3 and the Metaverse.

Jean-Noël Barrot’s presence at X Day is a powerful statement of France’s commitment to attracting & retaining talent in these industries.

📺 https://youtu.be/mYYH0bWYF7k

https://twitter.com/ElrondNetwork/status/1598691550711537665

Blockchain offers new coordination tools via strong cryptography and game theoretic incentives.

A remarkable breakthrough that is accelerating automation and interconnectivity.

Weekly #multiversxtech 🛠️

https://twitter.com/lucianmincu/status/1599435209203535872

Last week in MultiversX 🌏

🗳 60% governance participation with ~88% Yes votes for MEX 2.0
⚙️ No code NFT creation via One Mint
🎥 EGLD to be featured in a movie
🛠 Weekly #MultiversXtech
⚛️ Metabonding November Highlights
🏛 X Day Presentations: Jean-Noël Barrot & Victor Baconnet (Ledger)
🔋 Battle of Yields High Energy: 4k+ participants, 200k+ txns, 1.5k+ feedback comments
📚 Horizon Labs guide on creating NFTs with on-chain attributes

🌎 Elrond Network
1,97M accounts • 63,49M transactions • 14,57M staked

📲 Maiar
1,18M users • 126K users stake $EGLD

⚡️Maiar Exchange
$327 Million USD TVL • $1 Million USD 24h volume

RT: https://twitter.com/ElrondNetwork/status/1599715453210796032

🇺🇸 MultiversX (EGLD) set for Coinbase listing, igniting massive US market exposure

The transformation into MultiversX will be seen as a redefining moment for the utility and value proposition of blockchains.

We are thrilled to see Coinbase opening access to over 100M users to experience the MultiversX Ecosystem.

Read more about the listing: https://elrond.com/blog/multiversx-egld-lists-on-coinbase/

RT: https://twitter.com/beniaminmincu/status/1600185368392785920

$EGLD trading on Coinbase is live!

The largest US crypto exchange by trading volume has just opened trading for the EGLD / USD pair.

https://pro.coinbase.com/trade/EGLD-USD

RT: https://twitter.com/ElrondNetwork/status/1600536908295290883